The Supremacy Of The US Dollar Is Behind UsMarch 25, 2012, at...

  1. s8
    7,757 Posts.
    The Supremacy Of The US Dollar Is Behind Us
    March 25, 2012, at 11:23 pm

    Brazil, Russia, India China and South Africa are meeting next week because of the use of SWIFT as a weapon of war. Expect the formation of a competitive SWIFT system in three blocks. The dollar will test .7200 USDX and fail on the third tap.


    More at:
    http://www.jsmineset.com/2012/03/25/the-supremacy-of-the-us-dollar-is-behind-us/



    Brics’ move to unseat US dollar as trade currency
    2012-03-25 10:00


    Thandeka Gqubule and Andile Ntingi

    South Africa will this week take some initial steps to unseat the US dollar as the preferred worldwide currency for trade and investment in emerging economies.

    Thus, the nation is expected to become party to endorsing the Chinese currency, the renminbi, as the currency of trade in emerging markets.


    http://www.citypress.co.za/Business/News/Brics-move-to-unseat-US-dollar-as-trade-currency-20120324

 
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